Eversource CEO Warns New England May Not Have Enough Natural Gas to Last the Winter

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Eversource CEO Warns New England May Not Have Enough Natural Gas to Last the Winter
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Eversouce CEO Joe Nolan said New England might not have enough natural gas to meet the region's electricity supply if this winter is colder than anticipated.

Eversource CEO Joe Nolan wrote a letter to President Joe Biden last week warning of the possibility of power outages this winter if steps aren't taken to expand the country's natural gas supply.

In his letter, dated Oct. 27, Nolan said New England might not have enough natural gas to meet the region's electricity supply if this winter is colder than anticipated. "ISO-New England, the region’s electricity grid operator, and the Federal Energy Regulatory Commission have acknowledged for many months that New England will not have sufficient natural gas to meet power supply needs for the region in the event of a severe cold spell this winter," he said."This represents a serious public health and safety threat."

"Consumers in New England are already experiencing skyrocketing electricity and gas costs given supply constraints and global price pressures following the Russian invasion of Ukraine," Nolan added."As the governors of the New England states mentioned in their letter to the Administration on July 27, New England’s energy situation will have significant implications for customers of all types.

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